Dublin, Feb. 12, 2021 (GLOBE NEWSWIRE) -- The "Russian Automotive Industry 2020: Connectivity and ADAS Feature Sets Transform the Market" report has been added to ResearchAndMarkets.com's offering.
This study of the Russian automotive market offers a look at the competitive environment and analysis of infotainment, telematics, and ADAS features, including market forecasts. The study period is 2018 to 2025 using a base year of 2020.
The analyst finds that the Russian automotive industry has regained momentum after the country's economic crisis of 2014-2016 and has formed a solid foundation. The emergence of a re-energized industry is at hand. Mid-to-long term automotive sales and imports are expected to increase and match global technological advancements.
In addition to foreign original equipment manufacturers (OEMs), local OEMs have started to contribute toward adoption of connected services and advanced driver assistance system (ADAS), including infotainment units that enhance the customer experience. The AvtoVAZ-manufactured local brand LADA has a long-standing history in the Russian market and leads local automotive market sales way ahead its competitors, followed by foreign brands such as Hyundai-Kia Group, Renault-Nissan, and Volkswagen (VW).
Premium OEMs set trends with greater service adoption in terms of semi-autonomous and connected remote services, yet the mass market OEMs are not far behind, with higher adoption of navigation and infotainment features. While top OEMs in the region listed in this report set the bar for technological adoption across the market, the future of the Russian automotive industry depends upon the government, local/foreign contributors such as Tier I suppliers, OEMs, and technology providers collaborating to launch technological capabilities such as Yandex self-driving cars and advance the region to a global level.
Key Topics Covered:
1. Strategic Imperatives
2. Growth Opportunity Analysis, Russian Automotive Industry
3. Market Overview
4. Russian Automotive Industry: Infotainment, Telematics, & ADAS
5. Growth Opportunity Universe
6. Appendix
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/qtgcx1
CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Research and Markets
Dublin, IRELAND
CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
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